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iRiver Story

The economy is rebounding. The government has unwound multiple distortions andmade important progress in restoring integrity and transparency in public sectoroperations. These policy changes have put the economy on a stronger footing andcorrected many of the most urgent macroeconomic imbalances. Argentina isexperiencing a solid recovery from last year’s recession and, even in the face of plannedfiscal consolidation and ongoing efforts at disinflation, growth is expected to slowly pickup in the coming years. Inflation continues to fall, albeit at a slower pace than targetedby the central bank.